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Armenia Lured To Nabucco

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  • Armenia Lured To Nabucco

    ARMENIA LURED TO NABUCCO
    by Natalia Grib; Tamila Dzhodzhua; Nikolay Filchenko

    RusData Dialine - BizEkon News
    September 8, 2009 Tuesday
    Russia

    Kommersant

    Turkey hopes to involve Armenia in Nabucco

    The nascent rapprochement between Turkey and Armenia has produced an
    unexpected result. Late last week, the Turkish government said Armenia
    could join the EU-backed Nabucco pipeline project bypassing Russia,
    to bring natural gas from the Caspian region via Turkey to Baumgarten
    in Austria.

    Analysts say the reason for the offer is the volatile political
    situation in Georgia, but that the main obstacle is Azerbaijan,
    which is expected to supply gas to the pipeline, and could prevent
    Armenia from becoming a transit country.

    Sinan Ogan, chairman of the Turkish Center for International Relations
    and Strategic Analysis (Turksam), said Armenia could be involved in
    the project. When the Georgia-South Ossetia war began a year ago, he
    predicted that Nabucco could run from Azerbaijan to Turkey via Armenia.

    Sabit Bagirov, head of the Azerbaijani Center for Economic and
    Political Studies, said: "The EU may insist on making technical
    changes to the Nabucco project to build it not across Georgia but
    across Armenia."

    Karen Karapetyan, board chairman of Armrosgazprom, an 80-20 venture
    between Russian energy giant Gazprom and the Armenian government,
    said their agenda of local energy projects in the South Caucasus does
    not include Nabucco. However, the partners are considering supplying
    Russian gas to Turkey and Iranian gas to Armenian power plants,
    which would in turn supply electricity to Iran.

    Gazprom CEO Alexei Miller earlier mentioned the possibility of swap
    transactions between Iran and Turkey. If the Armenian-Turkish border
    were opened, these swap deliveries could be made across Armenia.

    Azerbaijan is unwilling to discuss the possible involvement of
    Armenia in the Nabucco project. The day after media outlets wrote of a
    potential breakthrough in Armenian-Turkish relations, the Azerbaijani
    authorities criticized plans to open the border between Armenia and
    Turkey, saying that any decision on the matter should be linked to
    the solution of the Karabakh problem. "Azerbaijan will not transport
    its hydrocarbons across Armenia until its occupied territories are
    liberated," Bagirov said.
    From: Baghdasarian
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